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Terra Blockchain Has Resumed Block Production
The Terra blockchain has resumed block production. Validators have decided to disable on-chain swaps, and IBC channels are now closed.
1:03 13th May, 2022

On Saturday, TerraUSD fell below $1 as concerns over the Federal Reserve looming interest-rate hikes and removal of pandemic-era stimulus pummeled the broader crypto market and pushed luna down about 10%. It crashes Nearly 100% Overnight.

In a recent tweet of Terra blockchain has resumed the block production:

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